Interest and Payments. The Note shall bear interest at the rate of twelve percent (12%) per annum. Interest only shall be payable for the first four (4) years of the Note, with the principal being amortized over the following six (6) year period.
Appears in 4 contracts
Samples: Contribution Agreement (Prison Realty Corp), Form of Contribution Agreement (Prison Realty Corp), Form of Contribution Agreement (Prison Realty Corp)